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Reeves Denies Misleading Public Over Budget Deficit Claims

The Office for Budget Responsibility revealed the fiscal gap was smaller and later a surplus before Chancellor Reeves announced £26bn tax rises, sparking calls for investigations and resignations.

  • Chancellor Rachel Reeves has denied misleading the public about the UK's financial state before the Budget announcement, stating she was "upfront" about her decisions.
  • Downing Street denied that Chancellor Rachel Reeves misled the public about the state of public finances ahead of the Budget, according to the Prime Minister's spokesperson who said, "I don't accept that."
  • Conservative leader Kemi Badenoch claimed Reeves "lied to the public" and should be sacked for claiming she needed to make difficult choices due to economic downgrades.
  • Both Prime Minister Sir Keir Starmer and Reeves defended her statements, asserting that she did not mislead the public or financial markets.
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GOV.UK broke the news in United Kingdom on Tuesday, November 4, 2025.
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